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FLGT LAWSUIT ALERT: Levi & Korsinsky Notifies Fulgent Genetics, Inc. Investors of a Class Action Lawsuit and Upcoming Deadline

By AP News - Nov 10, 2022, 05:57 AM ET
Last Updated - Jul 26, 2024, 05:52 AM EDT
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The filed complaint alleges that defendants made false statements and/or concealed that: (i) Fulgent had been conducting medically unnecessary laboratory testing, engaging in improper billing practices in relation to laboratory testing, and providing or receiving remuneration in violation of the Anti-Kickback Statute and Stark Law; (ii) accordingly, Fulgent was likely to become subject to enhanced legal and regulatory scrutiny; (iii) Fulgent's revenues, to the extent they were derived from the foregoing unlawful conduct, were unsustainable; (iv) the foregoing, once revealed, was likely to subject the Company to significant financial and/or reputational harm; and (v) as a result, the Company's public statements were materially false and misleading at all relevant times

Levi & Korsinsky, LLP notifies investors in Fulgent Genetics, Inc. ("Fulgent" or the "Company") (NASDAQ: FLGT) of a class action securities lawsuit

NEW YORK, Nov. 10, 2022 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Fulgent Genetics, Inc. ("Fulgent" or the "Company") (NASDAQ: FLGT) of a class action securities lawsuit.

CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Fulgent investors who were adversely affected by alleged securities fraud between March 22, 2019 and August 4, 2022. Follow the link below to get more information and be contacted by a member of our team:

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FLGT investors may also contact Joseph E. Levi, Esq. via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500.

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